That quest ended me reading Flash Boys, books of Barton Biggs, Reminiscences of a Stock Market Operator, books of Tony Robbins Market Wizards, Tower of BASEL, tRADING IN THE ZONE, The Millionaire Mind, think and grow rich, youtube movies of "Wall Street", Boiler Room, Enron, Epic Trader, Meltdown, Million Dollar Trader, Barbarians at the gate, Margin Call, Rogue Trader, Floored, The Big Short, Last Days of Lehman & you name it.

@Joe Splitrock  The foundation is cracked, Some pluming was knocked loose. both the walls it hit where load bearing.

Sometimes you will need to knock down a few walls or remove closets to add in that extra bedroom, but again, it will pay dividends long term. 

I considered running gas lines along the exterior of the building and installing wall furnaces, but I was advised that gas lines are very expensive to install and require permits. 

I am afraid with ACV, if I have to file a claim for something past end of life, like a wall that is more than 50 yrs old, I am going to get nothing or very little.Sorry for the lengthy post but has been something I have been trying for a while to read on BP as well as talk to agents and either not understanding or overthinking. 

I am struggling through my first syndication... running head first into brick walls is not a lot of fun.

.- Gas Boilers - 30+ Years Old- Hot Water Heaters - 10+ Years Old- Electric Panel - Upgraded within past 10 years but could be upgraded even more- Pipes are old, corroded, and some leak often- Windows/Doors that haven't been updated require much more labor to remove/replace as the wood is often rotted- Roof is old, has recent touch ups but will need a major repair down the road (10 years hopefully)- Interior is covered with old wall paper, most walls have multiple layers and are a PAIN to remove- Also, shag carpets were apparently a thing back in the day so get ready to rip those bad boys up and replace them or refinish the hardwood if possibleThere is much more of course but those are some that I definitely noticed right away and are what I plan on tackling, priority wiseAny questions let me know!

I had intended on tearing the house down and building a horizontal property regime (HPR) 2-home with shared wall, and either selling one unit and living in the other, or long-term renting one unit and living in the other.  

Previous owner had wall units for heat and window units for AC. 

I want to open up a kitchen, gut two bathrooms, get rid of a 35” x 35” closets, and open up the basement (where I have a couple of walls, floating ceiling and carpeted flooring).Your opinion would be greatly appreciated.